Global #regulatory

The latest Harris Poll survey commissioned by Grayscale indicates a noteworthy change in voter attitudes towards cryptocurrency. Almost half of American voters intend to incorporate crypto into their investment strategies, underscoring its increasing significance in the context of the upcoming 2024 US Election.

A notable development is unfolding in the cryptocurrency realm as the Volatility Shares 2x Ether ETF (ETHU) is set to commence trading on June 4. This milestone marks the debut of the first leveraged ether (ETH) ETF in the United States, following the green light given to a leveraged bitcoin ETF roughly a year earlier.

A federal judge has mandated that the United States Securities and Exchange Commission (SEC) pay approximately $1.8 million in attorney and receivership fees associated with its civil case against Digital Licensing, known as Debt Box.

James Murphy, the founder and chairman of Murphy & McGonigle, shared his expert analysis on how President Biden's recent crypto policy adjustments could impact the ongoing legal battle between Ripple Labs and the SEC.

JPMorgan predicts that newly approved spot Ethereum exchange-traded funds (ETFs) will likely start trading before the November US presidential elections, highlighting the growing political significance of cryptocurrencies.

The Abu Dhabi Agriculture and Food Safety Authority, the leading authority on agriculture in Abu Dhabi, United Arab Emirates (UAE), issued a directive to farmers, prohibiting the practice of cryptocurrency mining on farms.

A bill known as the Financial Innovation and Technology for the 21st Century Act (FIT21), spearheaded by Republicans, has cleared the House and is on its way to the Senate for further consideration before potentially reaching President Joe Biden's desk.

Uniswap has responded to the SEC's Wells notice with a 43-page submission, arguing against potential enforcement actions. The company asserts that it doesn't fit the mold of a traditional exchange and points out that the SEC lacks jurisdiction over assets like bitcoin, ether, and stablecoins, which are the primary assets traded on its platform.

Democratic Party members of the United States House of Representatives have received an email urging them not to vote against two upcoming pro-crypto bills, although they are strongly encouraged to do so.

The United Kingdom is poised to enact significant regulations concerning cryptocurrency staking and stablecoins as part of its ambitious agenda to establish itself as a prominent global cryptocurrency hub.

The securities regulator of the Philippines is poised to introduce a regulatory framework for cryptocurrency assets and trading by the latter part of 2024.

Decentralized finance, or DeFi, has truly revolutionized the financial industry.